DONT TRAP ME.. NOT 150K.

MORE THAN THAT.. MAY BE DOUBLE NOW.
PRAY FOR THE BEAR MARKET WILL COME SOON. CURRENT SITUATION MAKE ME SCARY TO PLAY.
IF NOT MY MONEY WILL GO TO FD.
....

This post has been edited by persie: Jul 19 2009, 09:47 AM

?? trap your head, you said it's the price of stream mah.. that's what i remember



3rd Aug will have a boiling point, bcos of the merge market.

not sure how big is the effect. it is pretty near, i'll wait for that.

This post has been edited by ZPOW: Jul 19 2009, 09:56 AM

I am happy with your honest remarks.

Sincerely I do not know my analysis would have any impact on forumers at all.

If I do , that is a compliment.

Cut loss is not the end of the world, most traders cut losses from time to time, an open secret.

That is a decision you might have to take, though painful one.

There is another possibility the share prices might go up, after you have cut loss.

If you are not the first time speculator, you know what I mean .

That is a game you are willing to play.

you feel proud tou... good for you, you need that.

by the way, I have no loss yet bcos 90% i bought at RM0.07 and 10% at RM0.075.

i still can earn during updown of RM0.07 and RM0.075

but now mostly collected RM0.07 and it stuck there no more moving.

I do play speculation and use margin sometime to double up during bull.
not a shortterm player or swing player <-- i have discipline rule on myself, will not bcome this.

i dont actually need to cut loss in this counter in urgent case bcos i have more at other counter, which seems to have more paper loss. but simply most of them are for long term bcos of the fundamental.

ZPOW said 'If you simply say to write off the Goodwill, it simply means bursa ask Compugt to cut 50% issued shares, which is impossible.
So it is impossible to happen'.

Writing off goodwill on consolidation is one thing. It does not at all mean Bursa asking Compugt to cut 50% of issued shares.

Bursa cannot ask any company to cut their issued shares. If goodwill is binned, it means the compugt's share capital is poorly represented by asset backing. As long as shareholders' fund which is equal to NA is positive, the company is still technically solvent and operate the company as usual. Some PN like 17 will start to be issued.

When compugt slips further into negative shareholder fund, compugt is then required to regularise its financial affairs under another PN like 4 because it has become insolvent. If and when it successfully find new biz and/ or new capital, it will undergo a capital reduction scheme. SC will evaluate if the capital reorganisation scheme has merit before approving. If none, it goes 'gantung sampai mati' by Bursa and delisting will await.

It again does not amount to bankruptcy till the company properly files a bankruptcy request or forced by creditors. After delisting, you are still the owner, just that you may not be able to find a buyer for your shares.

OK SORRY.. U R FAST LEARNER. A STREM BEFORE I SOLD THE REST OF MY SHARE. NOW I HOLD NOTHING GAINED MY LOST.
HOW MUCH WILL U LOST IF YOU THROW NOW ?

ZPOW said 'regarding the goodwill i also simulated if sky said to write off, but that can only happen if bursa ask them to cut 50% issued share, which is impossible, so what's the problem if it stay there? it is not related to anything at all'.

So, it seems ZPOW does not see a problem of goodwill staying there. The answer is fair value accounting which I think is very fair to investors.

Of course it is related to something done by COmpugt in the past which was when it bought over subsidairy (ies) at a price much higher than the Net assets as per books of the subsidiary(ies). It cannot stay there unamortised or without partial write off without support of forecast profit from that subsidiaries, for which it has paid the goodwill.

Anyway, going to speculation now. There are so many other counters with asset backing you can speculate without as much worry like those in top 10. On speculation play, this counter loses out also.

Which counters ?
can u make a list ?

not much, bcos my avg is RM0.070x.. if throw will lose the 0.0x commission only. my cut lost point is around RM0.06, if lose more than 10%, then will be very pek cek... 1 month income gone. i allocate only 10-15% of my investment for speculation and i will never touch swing play.



the one i collected that has bright future is M3Tech... hopefully the boss dint lead me to holland, but he is a great boss i know, very humble and honest. This is the most important fundamental for me. Genting, YTL just collect and forget... let it be in red now, bcos the company will surely grow.

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Added on July 19, 2009, 1:55 pmyou are correct. and i dont see my stand got problem, this is the baseline of oneself, the risk you can take = the reward/penalty you will get also.
i did my study and did my info sourcing, i dont see my effort is any less to backup my investment.

and PN17, PN4 is something that will happen if the mm sit back and relax and do nothing. I dont see that is so easy to happen, because their plan seems plenty.

i have another fren, her company in debt 50mil, revenue only 70mil, 1.5mil cash in hand, price stuck there RM0.20 for a few years, still haven't fall into PN anything yet, and the company still growing in Market development. Malaysian Chinese company, not having profit, is a norm because of creative accounting, i am the solution provider tou... 99.99% of my customer will request for that... can your system "route the invoice/income"? and they will push the price as low so that they can buy back and owned majority of it, also never pay the dividen. So, my investment fundamental is the boss. Honest boss's company can only invest for long term. other... just let it be and wait chance.

This post has been edited by ZPOW: Jul 19 2009, 02:30 PM

Just correct something, goodwill whether it is totally writeoff or not, doesn't related need to cut 50 issued shares, it has no effect existing issued share but NTA per share becomes lower on paper.

For the goodwill basic concept.
Just like a property price worth 500K on market based on valuation, you go to market to buy at 700K. On your account book, you need to state 500K hard asset + 200K goodwill. Those 200K is "imaginary number". So goodwill sometimes can be an imaginary number to balance the book only. In this case, it is needs to writeoff 200K because the property actual worth is 500K.

Whether it is worth to buy at 700K, it is different story, as if those 500K property can generate good return afterwards, buying 700K (or paying extra 200K goodwill) could be seems good deal, but if not, it is a bad deal, as it means you buy 200K more expensive.

Hope this clear the issue of goodwill.

that's what i said to them, it is to balance the common stock value. why showing the basic here? 101 accounting also? i say cut 50% issued say and that's impossible because it's impossible, the only thing it will happen is what sense maker said, pn17 but i got said also, that is hard to happen bcos it will only happen if mm do nothing everyday.

This post has been edited by ZPOW: Jul 19 2009, 03:08 PM

So, ZPOW, you put about 9-month equivalent of your salaries in Compugt. I think that is not a huge amount. So you are an IT guy who by implication cannot be too old, maybe 40 to 45. You have about Rm600K in investment. that is just my guess.

When I said cuckoo, I referred to the counter trading pattern.
When I said sand, I referred to the foundation of its business.
When I said naive, I referred to absence of rational justfication and financial dissection written by forummer loyal to this share.

You should write clearly what plans MM has and how that eventually might be reflected in the share price, so people understand the coherence of your thoughts and why your faith in this counter is not blind.

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Added on July 19, 2009, 3:22 pmHi Cherroy, goowill can arise only when you buy over a company, not a piece of asset. Goodwill is something on top of the fair value (e.g 700k is your example) of the assets (plus any accompanying liabilities) at the time of purchase, often paid to an entity for its value as a going-concern, and its existing biz network.

This post has been edited by CKC (Sense-Maker): Jul 19 2009, 03:22 PM

so you count my my salary only like ABC here, 5K?

i got 1 reseller comp, 3 IT comp. you count it for me again.

i am 31.

you dont have to insult ppl and make yourself like you are the elder here. if you dont agree with the trading view of the ppl, you can show your point, instead of saying them naive and their trading is cuckoo...

just like i dont say some ppl here just "bark" around without giving a point.
why i dont use that kind of word? because it sound insulting.

it is not faith, you dont have to simply judge.

Well, ask yourself a simple question.

If Google boss is going to let go his business to you, what is the fair price to sell

1) At Cost ?
2) At a premium ?
3) At a loss ?

If at a premium let say at 1billion goodwill, and your company paid up is only 1B paid up capital.

Would you write off instantly goodwill one billion as a loss to your equity fund , which means put you to the direction of PN4.

Goodwill is created to the needs of the business community, its objectives as genuine as those from MACC.

But in Malaysia, often we have so called related party transactions where the owners dump their useless personal assets to his listed company at the expense of minority shareholders.

It is those unethical people that make people suffer. not Goodwill itself.

Your discussion sometimes sound

This post has been edited by SKY 1809: Jul 19 2009, 03:35 PM

ZPOW is 31 but sounds like a know-all. He has 3 companies but take salaries only. Dont take offence. I think you are just very young and too quick to ignore what others have dissected for you. You should learn how to respect people savvy with figures.

The best way to rebut others is by presenting your justfication in coherent way, which so far you have not. You might be forgiven if you were already nearing 50, becoming quite bigotted. But at 31, there is no harm in becoming more receptive.

It is highly risky for business owners to ignore or teaching their Accountants to do the right book keeping.

It is no diff from Creative Accounting if accountants have to follow the accounting rules of the CEO.

ZPOW, you sound very defensive when people refute your views, and desperate with this counter. You said cut-loss point is 6 sen. That is plan which may be difficult to execute if the free fall happens.

Dont let other people's words hurt you. Let intelligence and reason rule in this forum.

correct if the company is in PN, but will that happen? if you say it will happen, i can say mm plan will happen too.

like i said, my fren's company have worst situation than any company for 2 years plus... still run normally and grow in market. so easy to get PN status?

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Added on July 19, 2009, 3:49 pmwe were having good discussion here. if you read back, all the postings are related to the progress and what happen. not about showing off who is correct in their investment mechanism.

This post has been edited by ZPOW: Jul 19 2009, 03:49 PM

do it in ur best judgement nia lah...

I believe computer experts do not solve their problems by dumping all into one.

Which part, which area or which system fails ? Identify the problems one by one.